DGAP-Adhoc: LION E-Mobility AG subsidiary LION Smart GmbH

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News Desk 2018

Sep 19, 2016 at 9:30 AM

DGAP-Adhoc: LION E-Mobility AG subsidiary LION Smart GmbH has been awarded a major contract from Kreisel Electric

LION E-Mobility AG / Key word(s): Incoming Orders/Product Launch 19.09.2016 15:15 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- LION E-Mobility AG subsidiary LION Smart GmbH is pleased to announce that it has received the largest order in the company's history. LION Smart has been selected by its partner Kreisel Electric to equip Kreisel Electric's home storage "Mavero" with the necessary battery management system. The order volume amounts to a mid-seven-figure sum over a period of two years. We are very pleased with the enormous interest in Kreisel's "Mavero" home storage being the reason for the first large-scale order in the segment of BMS for stationary storage systems. The Open Source BMS of LION Smart was able to fully convince Kreisel Electric. This is a confirmation of being on the right track with the open solution which can be easily adapted to various customer needs, says Chairman of the Board Daniel Quinger. The simple yet very attractive visualization of the state of charge of the home storage, its outstanding design, and not least its good cost effectiveness, which even outshines Tesla's storage, is thus leading to an ever increasing interest in "Mavero", IR Manager Walter Wimmer is pleased to report. http://www.kreiselenergy.com/ http://www.lionsmart.com/ About LION E-Mobility AG LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss Holding with strategic investments in the e-mobility sector, particularly in the field of electric energy storage as well as battery pack development and management. The Company holds 100% of the German LION Smart GmbH, a development and engineering company specialized on custom designed battery packs and battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned TÜV SUED AG. Members of the Board of Directors are: Dipl.-Ing. Daniel Quinger (President of the Board), Dipl.-Ing. Tobias Mayer, Mr. Hany Magour, Dr. Isolde Semm and Dipl.-Ing. (FH) Martin Specht. The Management of LION Smart GmbH consists of Dipl.-Ing. Tobias Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery Testing GmbH is Dipl.-Wi.-Ing. (FH) Christian Theeck. For more information please visit our homepage: www.lionemobility.com Disclaimer This presentation contains forward-looking statements that involve a number of risks and uncertainties, including statements that relate to, among other things, the Company's objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: general business and economic conditions (including but not limited to currency rates and creditworthiness of customers); Company liquidity and capital resources, including the availability of additional capital resources to fund its activities; level of competition; changes in laws and regulations; legal and regulatory proceedings; the ability to adapt products and services to the changing market; the ability to attract and retain key executives; and the ability to execute strategic plans. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this presentation, whether as a result of new information, future events or otherwise, except as required by law. Investor Relations Contact: Mr. Walter Wimmer Telephone: +49 (0)89 74567993 Email: ir@lionemobility.de http://www.lionemobility.de LION E-Mobility AG Poststrasse 6 6300 Zug Switzerland 19.09.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: LION E-Mobility AG Poststraße 6 6300 Zug Switzerland Phone: +41 (0)41 500 54 11 Fax: +41 (0)41 500 54 12 E-mail: info@lionemobility.de Internet: www.lionemobility.com ISIN: CH0132594711, CH0132594711 WKN: A1JG3H , A1JG3H Listed: Regulated Unofficial Market in Hamburg, Munich (m:access); Open Market in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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